MML Investors Services LLC Purchases New Holdings in Global X SuperDividend REIT ETF (NASDAQ:SRET)

MML Investors Services LLC acquired a new position in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) during the 3rd quarter, Holdings Channel reports. The firm acquired 12,393 shares of the company’s stock, valued at approximately $279,000.

A number of other institutional investors also recently made changes to their positions in the business. HighTower Advisors LLC acquired a new position in Global X SuperDividend REIT ETF in the third quarter worth about $222,000. Axiom Advisory LLC increased its stake in Global X SuperDividend REIT ETF by 3.9% during the third quarter. Axiom Advisory LLC now owns 17,874 shares of the company’s stock valued at $384,000 after purchasing an additional 668 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Global X SuperDividend REIT ETF by 28.4% during the second quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock worth $20,738,000 after purchasing an additional 230,000 shares during the period.

Global X SuperDividend REIT ETF Stock Performance

Global X SuperDividend REIT ETF stock opened at $20.31 on Thursday. Global X SuperDividend REIT ETF has a 1 year low of $18.90 and a 1 year high of $22.88. The firm’s 50-day moving average is $21.16 and its 200-day moving average is $21.21. The company has a market cap of $209.19 million, a P/E ratio of 9.61 and a beta of 1.22.

Global X SuperDividend REIT ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Tuesday, November 5th were issued a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a dividend yield of 9.16%. The ex-dividend date was Tuesday, November 5th.

Global X SuperDividend REIT ETF Company Profile

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.